Petersburg, MI Home Values & Market Trends
Real estate market trends reflect that there have been 71 transactions over the past year in Petersburg. The median value for residential home transactions that occurred over the previous year is $273,261.78. The number of current listings in Petersburg is 4, and the percentage of properties for sale in the city is 4.00%. Petersburg, MI currently has 3 properties in foreclosure, 1 bank owned properties, 2 properties headed for auction, and 4 properties for sale.
Petersburg, MI Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 49270 | $ 399,688 $ 205/sqft |
Housing Market Summary for Petersburg, MI
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $264.9K | $234.2K | -11.59% |
| Median Sold Price | $204.3K | $234.2K | 14.63% |
| Homes For Sale | 5 | 4 | -20.00% |
| Homes Sold | 98 | 35 | -64.29% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Petersburg, MI
Browse Homes in Petersburg, MI
Petersburg home values range from $19,690 to $1,552,393. The median estimated value of a home in Petersburg is $273,261.78. The median list price of a home is 352,400, and the total count of properties in the city is 2,256.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Petersburg, MI with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Petersburg, MI; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Petersburg, MI ranges from the highest value of $316,402 in 49270 to the lowest value of $316,402 in 49270. Bank owned homes and properties account for 0.04% of properties in Petersburg, MI. There is 1 zips within Petersburg, MI; 49270 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions49270 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Petersburg, MI. Auction homes and other auction properties account for 0.09% of all properties in Petersburg, MI. There is 1 zips within Petersburg, MI; of that zips, the median estimated home value for homes going to auction ranges from $372,775 in 49270 to the lowest value of $196,105 in 49270.
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Guide for Petersburg, MI
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